Ladbrokes Coral Group PLC’s (LAD) “Buy” Rating Reaffirmed at Peel Hunt

Ladbrokes Coral Group PLC (LON:LAD)‘s stock had its “buy” rating reissued by Peel Hunt in a research report issued on Thursday, May 4th, StockTargetPrices.com reports. They presently have a GBX 200 ($2.58) target price on the casino operator’s stock. Peel Hunt’s target price suggests a potential upside of 50.05% from the stock’s previous close.

Several other research firms also recently issued reports on LAD. AlphaValue restated a “buy” rating and set a GBX 178 ($2.30) target price on shares of Ladbrokes Coral Group PLC in a research report on Wednesday, January 18th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 120 ($1.55) price target on shares of Ladbrokes Coral Group PLC in a report on Wednesday, January 18th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 160 ($2.07) price target on shares of Ladbrokes Coral Group PLC in a report on Thursday, February 9th. Citigroup Inc decreased their price target on shares of Ladbrokes Coral Group PLC from GBX 170 ($2.19) to GBX 165 ($2.13) and set a “buy” rating on the stock in a report on Thursday, March 30th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 140 ($1.81) price target on shares of Ladbrokes Coral Group PLC in a report on Wednesday, January 18th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Ladbrokes Coral Group PLC presently has an average rating of “Buy” and an average target price of GBX 157.73 ($2.04).

Analyst Recommendations for Ladbrokes Coral Group PLC (LON:LAD)

Ladbrokes Coral Group PLC (LON:LAD) traded down 0.23% on Thursday, reaching GBX 133.29. The company had a trading volume of 7,497,446 shares. Ladbrokes Coral Group PLC has a 12 month low of GBX 105.60 and a 12 month high of GBX 164.80. The company’s 50 day moving average price is GBX 127.37 and its 200-day moving average price is GBX 127.04.

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Ladbrokes Coral Group PLC Company Profile

Ladbrokes Coral Group plc, formerly Ladbrokes plc, is engaged in the betting and gaming industry. The Company’s segments are UK Retail, European Retail and Digital. The UK Retail segment consists of betting activities in the shop estate in Great Britain. The Company is involved in traditional over-the-counter betting on football, horse and greyhound racing, as well as other sports and by machines.

Stock Target Prices

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